Fairchild Garden Supply Expects $700 Million of Sales This Year,and

Fairchild Garden Supply expects $700 million of sales this year,and it forecasts a 15% increase for next year.The CFO uses this equation to forecast inventory requirements at different levels of sales: Inventories = $30.2 + 0.25(Sales) .All dollars are in millions.What is the projected inventory turnover ratio for the coming year?

A) 2.78 times
B) 2.82 times
C) 4.35 times
D) 3.79 times
E) 3.48 times